#BNB Market Outlook
BNB has formed a bearish triple top price action pattern on its daily chart, which is usually a negative sign.
Based on past data, when an asset forms a triple top pattern over a long period of time, it is generally expected to fall sharply.
In addition to this pattern, BNB has also formed a bearish evening star pattern near the resistance level of $605. The evening star is a bearish reversal pattern that indicates a possible shift from an uptrend to a downtrend. Bearish sentiment is strong.
Based on historical price action, technically speaking, there is a high probability that BNB price will fall by 18% to the $480 level in the next few days. However, this bearish argument will only hold if BNB remains below $620.
However, I have told my friends that when the technical aspect meets the news aspect, it is a small witch compared to a big witch.
How can you be sure that this is not what the dealer wants us to see?
Finally, beware of scams!
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